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Nikola Corp NKLA

Morningstar Rating
$0.81 −0.18 (17.74%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NKLA is trading at a 35% discount.
Price
$0.99
Fair Value
$9.67
Uncertainty
Extreme
1-Star Price
$1.35
5-Star Price
$8.97
Economic Moat
Bsvy
Capital Allocation
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News

Trading Information

Previous Close Price
$0.99
Day Range
$0.750.82
52-Week Range
$0.523.71
Bid/Ask
$0.81 / $0.81
Market Cap
$825.32 Mil
Volume/Avg
101.6 Mil / 66.0 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
20.74
Dividend Yield
Dividend Yield (Forward)
Total Yield

Company Profile

Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Stock Style Box
Small Value
Total Number of Employees
1,500

Valuation

Metric
NKLA
Price/Earnings (Normalized)
Price/Book Value
1.61
Price/Sales
20.74
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
NKLA
Quick Ratio
1.30
Current Ratio
1.61
Interest Coverage
−10.53
Quick Ratio
NKLA

Profitability

Metric
NKLA
Return on Assets (Normalized)
−56.68%
Return on Equity (Normalized)
−119.83%
Return on Invested Capital (Normalized)
−67.52%
Return on Assets
NKLA

Farm & Heavy Construction Machinery Industry Comparables

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Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
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TEX
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